# MX, Plaid vs Mastercard Open Banking (formerly Finicity) Comparison | | MX | Plaid | Mastercard Open Banking (formerly Finicity) | |---|---|---|---| | **Star Rating** | 4.7 out of 5 | 4.2 out of 5 | 3.7 out of 5 | | **Total Reviews** | 14 | 43 | 9 | | **Largest Market Segment** | Mid-Market (42.9% of reviews) | Small-Business (63.2% of reviews) | Small-Business (77.8% of reviews) | | **Entry Level Price** | No pricing available | No pricing available | varies by API and volume | --- ## Top Pros & Cons ### MX **Not enough data** ### Plaid Pros: - Ease of Use (12 reviews) - Easy Integrations (6 reviews) Cons: - System Errors (5 reviews) - Access Limitations (4 reviews) ### Mastercard Open Banking (formerly Finicity) Pros: - Ease of Use (2 reviews) - API Usability (1 reviews) Cons: - Delays in Process (1 reviews) --- ## Ratings Comparison | Rating | MX | Plaid | Mastercard Open Banking (formerly Finicity) | |---|---|---|---| | **Meets Requirements** | 9.0 (13 reviews) | 8.5 (33 reviews) | 8.1 (7 reviews) | | **Ease of Use** | 9.4 (13 reviews) | 8.8 (33 reviews) | 7.2 (6 reviews) | | **Ease of Setup** | 7.8 (9 reviews) | 8.9 (16 reviews) | 8.9 (6 reviews) | | **Ease of Admin** | 8.0 (9 reviews) | 8.5 (9 reviews) | Not enough data | | **Quality of Support** | 9.4 (13 reviews) | 7.9 (29 reviews) | 7.0 (5 reviews) | | **Has the product been a good partner in doing business?** | 9.1 (9 reviews) | 7.6 (9 reviews) | Not enough data | | **Product Direction (% positive)** | 7.3 (13 reviews) | 8.2 (32 reviews) | 8.1 (6 reviews) | --- ## Pricing ### MX #### Entry-Level Pricing No pricing available #### Free Trial Yes ### Plaid #### Entry-Level Pricing No pricing available #### Free Trial No information available ### Mastercard Open Banking (formerly Finicity) #### Entry-Level Pricing Plan: Finicity Pay Price: varies by API and volume Description: Finicity Pay™ is our integrated set of data services that accurately verifies account details, account owner(s), and balances at lightning speed. Key Features: - Account Details - Account Owner(s) - Balances [Browse all 3 editions](https://www.g2.com/products/mastercard-open-banking-formerly-finicity/pricing) #### Free Trial No --- ## Features Comparison By Category ### Fraud Detection | Product | Score | Reviews | |---|---|---| | **MX** | N/A | N/A | | **Plaid** | N/A | N/A | | **Mastercard Open Banking (formerly Finicity)** | N/A | N/A | #### Detection | Feature | MX | Plaid | Mastercard Open Banking (formerly Finicity) | |---|---|---|---| | **Payment Verification** | Not enough data | Not enough data | Not enough data | | **Bot Mitigation** | Not enough data | Not enough data | Not enough data | | **Real-Time Monitoring** | Not enough data | Not enough data | Not enough data | | **Alerts** | Not enough data | Not enough data | Not enough data | #### Analysis | Feature | MX | Plaid | Mastercard Open Banking (formerly Finicity) | |---|---|---|---| | **ID Analytics** | Not enough data | Not enough data | Not enough data | | **Intelligence Reporting** | Not enough data | Not enough data | Not enough data | | **Incident Reports** | Not enough data | Not enough data | Not enough data | #### Administration | Feature | MX | Plaid | Mastercard Open Banking (formerly Finicity) | |---|---|---|---| | **Fraud Markers** | Not enough data | Not enough data | Not enough data | | **Transaction Scoring** | Not enough data | Not enough data | Not enough data | | **Blacklisting** | Not enough data | Not enough data | Not enough data | #### Agentic AI - Fraud Detection | Feature | MX | Plaid | Mastercard Open Banking (formerly Finicity) | |---|---|---|---| | **Cross-system Integration** | Not enough data | Not enough data | Not enough data | | **Adaptive Learning** | Not enough data | Not enough data | Not enough data | | **Decision Making** | Not enough data | Not enough data | Not enough data | ### Mobile Banking | Product | Score | Reviews | |---|---|---| | **MX** | 8.3/10 | 5 | | **Plaid** | N/A | N/A | | **Mastercard Open Banking (formerly Finicity)** | N/A | N/A | #### Platform Additional Functionality | Feature | MX | Plaid | Mastercard Open Banking (formerly Finicity) | |---|---|---|---| | **Mobility** | 9.3 (5 reviews) | Not enough data | Not enough data | | **Dashboard** | 8.3 (5 reviews) | Not enough data | Not enough data | | **Payment** | 7.3 (5 reviews) | 9.7 (5 reviews) | Not enough data | | **Cloud** | 8.3 (5 reviews) | Not enough data | Not enough data | #### Platform Interoperability | Feature | MX | Plaid | Mastercard Open Banking (formerly Finicity) | |---|---|---|---| | **API** | 9.0 (5 reviews) | Not enough data | Not enough data | | **Pre-Built Connectors** | 7.7 (5 reviews) | Not enough data | Not enough data | #### Agentic AI - Mobile Banking | Feature | MX | Plaid | Mastercard Open Banking (formerly Finicity) | |---|---|---|---| | **Autonomous Task Execution** | Not enough data | Not enough data | Not enough data | | **Multi-step Planning** | Not enough data | Not enough data | Not enough data | | **Cross-system Integration** | Not enough data | Not enough data | Not enough data | | **Adaptive Learning** | Not enough data | Not enough data | Not enough data | | **Natural Language Interaction** | Not enough data | Not enough data | Not enough data | | **Proactive Assistance** | Not enough data | Not enough data | Not enough data | | **Decision Making** | Not enough data | Not enough data | Not enough data | ### Address Verification | Product | Score | Reviews | |---|---|---| | **MX** | N/A | N/A | | **Plaid** | N/A | N/A | | **Mastercard Open Banking (formerly Finicity)** | N/A | N/A | #### Management | Feature | MX | Plaid | Mastercard Open Banking (formerly Finicity) | |---|---|---|---| | **Scheduled Data Checks** | Not enough data | Not enough data | Not enough data | | **Reporting** | Not enough data | Not enough data | Not enough data | #### Functionality | Feature | MX | Plaid | Mastercard Open Banking (formerly Finicity) | |---|---|---|---| | **Address Verification** | Not enough data | Not enough data | Not enough data | | **Automation** | Not enough data | Not enough data | Not enough data | | **Cleansing** | Not enough data | Not enough data | Not enough data | | **International Verification** | Not enough data | Not enough data | Not enough data | ### Biometric Authentication | Product | Score | Reviews | |---|---|---| | **MX** | N/A | N/A | | **Plaid** | N/A | N/A | | **Mastercard Open Banking (formerly Finicity)** | N/A | N/A | #### Integration | Feature | MX | Plaid | Mastercard Open Banking (formerly Finicity) | |---|---|---|---| | **Uses Open Standards** | Not enough data | Not enough data | Not enough data | | **Mobile SDK** | Not enough data | Not enough data | Not enough data | | **Workforce Authentication** | Not enough data | Not enough data | Not enough data | | **Customer Authentication** | Not enough data | Not enough data | Not enough data | #### Administration | Feature | MX | Plaid | Mastercard Open Banking (formerly Finicity) | |---|---|---|---| | **Encryption** | Not enough data | Not enough data | Not enough data | | **Audit Trails** | Not enough data | Not enough data | Not enough data | | **Regulatory Compliance** | Not enough data | Not enough data | Not enough data | ### Payment Processing | Product | Score | Reviews | |---|---|---| | **MX** | N/A | N/A | | **Plaid** | N/A | N/A | | **Mastercard Open Banking (formerly Finicity)** | N/A | N/A | #### Payment Processing | Feature | MX | Plaid | Mastercard Open Banking (formerly Finicity) | |---|---|---|---| | **Encryption** | Not enough data | Not enough data | Not enough data | | **Credit Card Processing** | Not enough data | Not enough data | Not enough data | | **Mobile Payments** | Not enough data | Not enough data | Not enough data | | **Digital Wallet Integration** | Not enough data | Not enough data | Not enough data | #### Administration | Feature | MX | Plaid | Mastercard Open Banking (formerly Finicity) | |---|---|---|---| | **Reporting & Analytics** | Not enough data | Not enough data | Not enough data | | **E-commerce Integration** | Not enough data | Not enough data | Not enough data | | **Processing Fees** | Not enough data | Not enough data | Not enough data | | **POS Integration** | Not enough data | Not enough data | Not enough data | | **Omnichannel** | Not enough data | Not enough data | Not enough data | | **Levels 1 & 2** | Not enough data | Not enough data | Not enough data | | **Level 3** | Not enough data | Not enough data | Not enough data | #### Payment Options | Feature | MX | Plaid | Mastercard Open Banking (formerly Finicity) | |---|---|---|---| | **Multi-Currency** | Not enough data | Not enough data | Not enough data | | **Online payment portal** | Not enough data | Not enough data | Not enough data | #### Security | Feature | MX | Plaid | Mastercard Open Banking (formerly Finicity) | |---|---|---|---| | **POS Verification** | Not enough data | Not enough data | Not enough data | #### Platform | Feature | MX | Plaid | Mastercard Open Banking (formerly Finicity) | |---|---|---|---| | **Accounting integration** | Not enough data | Not enough data | Not enough data | | **E-commerce Integration** | Not enough data | Not enough data | Not enough data | ### Digital Mortgage Closing | Product | Score | Reviews | |---|---|---| | **MX** | N/A | N/A | | **Plaid** | N/A | N/A | | **Mastercard Open Banking (formerly Finicity)** | N/A | N/A | #### Core Functionality | Feature | MX | Plaid | Mastercard Open Banking (formerly Finicity) | |---|---|---|---| | **eSignature** | Not enough data | Not enough data | Not enough data | | **eNote** | Not enough data | Not enough data | Not enough data | | **eVault** | Not enough data | Not enough data | Not enough data | | **eNotarization** | Not enough data | Not enough data | Not enough data | #### Document Management | Feature | MX | Plaid | Mastercard Open Banking (formerly Finicity) | |---|---|---|---| | **Document Preview** | Not enough data | Not enough data | Not enough data | | **Document Library** | Not enough data | Not enough data | Not enough data | #### Interoperability | Feature | MX | Plaid | Mastercard Open Banking (formerly Finicity) | |---|---|---|---| | **MERS Integration** | Not enough data | Not enough data | Not enough data | | **LOS Integration** | Not enough data | Not enough data | Not enough data | #### Agentic AI - Digital Mortgage Closing | Feature | MX | Plaid | Mastercard Open Banking (formerly Finicity) | |---|---|---|---| | **Proactive Assistance** | Not enough data | Not enough data | Not enough data | ### Anti-Money Laundering (AML) | Product | Score | Reviews | |---|---|---| | **MX** | N/A | N/A | | **Plaid** | N/A | N/A | | **Mastercard Open Banking (formerly Finicity)** | N/A | N/A | #### Fraud Detection | Feature | MX | Plaid | Mastercard Open Banking (formerly Finicity) | |---|---|---|---| | **Name Matching** | Not enough data | Not enough data | Not enough data | | **Watch List** | Not enough data | Not enough data | Not enough data | | **Scoring** | Not enough data | Not enough data | Not enough data | | **E-filing** | Not enough data | Not enough data | Not enough data | | **Workflows and Alerts** | Not enough data | Not enough data | Not enough data | #### Compliance | Feature | MX | Plaid | Mastercard Open Banking (formerly Finicity) | |---|---|---|---| | **Due Dilligence** | Not enough data | Not enough data | Not enough data | | **Regulations and Jurisdictions** | Not enough data | Not enough data | Not enough data | | **Internal Policies** | Not enough data | Not enough data | Not enough data | #### Monitoring | Feature | MX | Plaid | Mastercard Open Banking (formerly Finicity) | |---|---|---|---| | **Models** | Not enough data | Not enough data | Not enough data | | **Simuation** | Not enough data | Not enough data | Not enough data | | **Transaction Monitoring** | Not enough data | Not enough data | Not enough data | | **Segmentation** | Not enough data | Not enough data | Not enough data | | **QA** | Not enough data | Not enough data | Not enough data | #### Reporting | Feature | MX | Plaid | Mastercard Open Banking (formerly Finicity) | |---|---|---|---| | **Compliance Reports** | Not enough data | Not enough data | Not enough data | | **Suspicious Activity** | Not enough data | Not enough data | Not enough data | | **Real-Time Dashboards** | Not enough data | Not enough data | Not enough data | #### Generative AI - Anti Money Laundering | Feature | MX | Plaid | Mastercard Open Banking (formerly Finicity) | |---|---|---|---| | **Risk Scoring** | Not enough data | Not enough data | Not enough data | | **Pattern Recognition** | Not enough data | Not enough data | Not enough data | #### Agentic AI - Anti Money Laundering | Feature | MX | Plaid | Mastercard Open Banking (formerly Finicity) | |---|---|---|---| | **Adaptive Learning** | Not enough data | Not enough data | Not enough data | | **Decision Making** | Not enough data | Not enough data | Not enough data | ### Unified APIs | Product | Score | Reviews | |---|---|---| | **MX** | N/A | N/A | | **Plaid** | N/A | N/A | | **Mastercard Open Banking (formerly Finicity)** | N/A | N/A | #### Integrations | Feature | MX | Plaid | Mastercard Open Banking (formerly Finicity) | |---|---|---|---| | **Integration Breadth** | Not enough data | Not enough data | Not enough data | | **Data Processing** | Not enough data | Not enough data | Not enough data | | **Ease Of Integration** | Not enough data | Not enough data | Not enough data | #### Support | Feature | MX | Plaid | Mastercard Open Banking (formerly Finicity) | |---|---|---|---| | **Documentation** | Not enough data | Not enough data | Not enough data | | **Professional Support** | Not enough data | Not enough data | Not enough data | | **Community Support** | Not enough data | Not enough data | Not enough data | ### Banking as a Service (BaaS) | Product | Score | Reviews | |---|---|---| | **MX** | N/A | N/A | | **Plaid** | N/A | N/A | | **Mastercard Open Banking (formerly Finicity)** | N/A | N/A | #### Connectivity | Feature | MX | Plaid | Mastercard Open Banking (formerly Finicity) | |---|---|---|---| | **APIs** | Not enough data | Not enough data | Not enough data | | **Cards** | Not enough data | Not enough data | Not enough data | | **Accounts** | Not enough data | Not enough data | Not enough data | | **White-labeling** | Not enough data | Not enough data | Not enough data | #### Compliance | Feature | MX | Plaid | Mastercard Open Banking (formerly Finicity) | |---|---|---|---| | **Reporting** | Not enough data | Not enough data | Not enough data | | **Onboarding** | Not enough data | Not enough data | Not enough data | #### Agentic AI - Banking as a Service (BaaS) | Feature | MX | Plaid | Mastercard Open Banking (formerly Finicity) | |---|---|---|---| | **Decision Making** | Not enough data | Not enough data | Not enough data | ### Core Banking | Product | Score | Reviews | |---|---|---| | **MX** | N/A | N/A | | **Plaid** | N/A | N/A | | **Mastercard Open Banking (formerly Finicity)** | N/A | N/A | #### Agentic AI - Core Banking Features | Feature | MX | Plaid | Mastercard Open Banking (formerly Finicity) | |---|---|---|---| | **Autonomous Task Execution** | Not enough data | Not enough data | Not enough data | ### Identity Verification | Product | Score | Reviews | |---|---|---| | **MX** | N/A | N/A | | **Plaid** | N/A | N/A | | **Mastercard Open Banking (formerly Finicity)** | N/A | N/A | #### Identity Verification Functions - Identity Verification | Feature | MX | Plaid | Mastercard Open Banking (formerly Finicity) | |---|---|---|---| | **Multi-Method Verification** | Not enough data | Not enough data | Not enough data | | **AI Document Check** | Not enough data | Not enough data | Not enough data | | **Biometric Face Match** | Not enough data | Not enough data | Not enough data | | **Integration Options** | Not enough data | Not enough data | Not enough data | | **Workflow Orchestration** | Not enough data | Not enough data | Not enough data | #### Risk & Fraud Prevention - Identity Verification | Feature | MX | Plaid | Mastercard Open Banking (formerly Finicity) | |---|---|---|---| | **Liveness Detection** | Not enough data | Not enough data | Not enough data | | **AI Risk Scoring** | Not enough data | Not enough data | Not enough data | | **Document Forensics** | Not enough data | Not enough data | Not enough data | #### Compliance & Governance - Identity Verification | Feature | MX | Plaid | Mastercard Open Banking (formerly Finicity) | |---|---|---|---| | **Standards Compliance** | Not enough data | Not enough data | Not enough data | | **AML/PEP Screening** | Not enough data | Not enough data | Not enough data | | **Global Coverage** | Not enough data | Not enough data | Not enough data | --- ## Categories **Shared Categories (2):** [Mobile Banking Software](https://www.g2.com/categories/mobile-banking), [Financial Data APIs](https://www.g2.com/categories/financial-data-apis) **Unique to MX (1):** [Core Banking Software](https://www.g2.com/categories/core-banking) **Unique to Plaid (7):** [Unified APIs Software](https://www.g2.com/categories/unified-apis), [Identity Verification Software](https://www.g2.com/categories/identity-verification), [Biometric Authentication Software](https://www.g2.com/categories/biometric-authentication), [Anti-Money Laundering Software](https://www.g2.com/categories/anti-money-laundering), [Address Verification Tools](https://www.g2.com/categories/address-verification), [Fraud Detection Software](https://www.g2.com/categories/fraud-detection), [Underwriting & Rating Software](https://www.g2.com/categories/underwriting-rating) **Unique to Mastercard Open Banking (formerly Finicity) (5):** [Identity Verification Software](https://www.g2.com/categories/identity-verification), [Payment Processing Software](https://www.g2.com/categories/payment-processing), [Digital Mortgage Closing Software](https://www.g2.com/categories/digital-mortgage-closing), [Banking as a Service (BaaS) Software](https://www.g2.com/categories/banking-as-a-service-baas), [Core Banking Software](https://www.g2.com/categories/core-banking) --- ## Reviewer Demographics ### By Company Size | Segment | MX | Plaid | Mastercard Open Banking (formerly Finicity) | |---|---|---|---| | **Small-Business** | 35.7% | 63.2% | 77.8% | | **Mid-Market** | 42.9% | 21.1% | 22.2% | | **Enterprise** | 21.4% | 15.8% | 0% | ### By Industry #### MX - **Financial Services:** 50.0% - **Banking:** 35.7% - **Animation:** 7.1% - **Accounting:** 7.1% #### Plaid - **Financial Services:** 34.2% - **Computer Software:** 10.5% - **Accounting:** 5.3% - **Banking:** 5.3% - **Internet:** 5.3% - **Consumer Services:** 5.3% - **Entertainment:** 5.3% - **Apparel & Fashion:** 2.6% - **Cosmetics:** 2.6% - **Farming:** 2.6% - **Other:** 21.1% #### Mastercard Open Banking (formerly Finicity) - **Information Technology and Services:** 22.2% - **Marketing and Advertising:** 11.1% - **Hospitality:** 11.1% - **Food & Beverages:** 11.1% - **Computer Software:** 11.1% - **Computer & Network Security:** 11.1% - **Broadcast Media:** 11.1% - **Banking:** 11.1% --- ## Alternatives ### Alternatives to MX - [Stripe Connect](https://www.g2.com/products/stripe-connect/reviews) — 4.4/5 stars (249 reviews) - [Flinks](https://www.g2.com/products/flinks/reviews) — 4.4/5 stars (59 reviews) - [Merge Unified](https://www.g2.com/products/merge-unified/reviews) — 4.7/5 stars (253 reviews) - [Codat](https://www.g2.com/products/codat/reviews) — 4.6/5 stars (28 reviews) - [N26 Bank Account](https://www.g2.com/products/n26-bank-account/reviews) — 3.6/5 stars (15 reviews) - [Yodlee](https://www.g2.com/products/yodlee/reviews) — 1.4/5 stars (5 reviews) - [Finflux](https://www.g2.com/products/m2p-fintech-finflux/reviews) — 4.6/5 stars (106 reviews) - [STARLING](https://www.g2.com/products/starling/reviews) — 5.0/5 stars (3 reviews) - [Temenos Transact](https://www.g2.com/products/temenos-transact/reviews) — 4.5/5 stars (70 reviews) - [BankWorld Mobile](https://www.g2.com/products/bankworld-mobile/reviews) — 4.8/5 stars (2 reviews) ### Alternatives to Plaid - [Flinks](https://www.g2.com/products/flinks/reviews) — 4.4/5 stars (59 reviews) - [Stripe Connect](https://www.g2.com/products/stripe-connect/reviews) — 4.4/5 stars (249 reviews) - [Lightico](https://www.g2.com/products/lightico/reviews) — 4.8/5 stars (369 reviews) - [LastPass](https://www.g2.com/products/lastpass/reviews) — 4.5/5 stars (2047 reviews) - [Signifyd](https://www.g2.com/products/signifyd/reviews) — 4.6/5 stars (352 reviews) - [SEON](https://www.g2.com/products/seon/reviews) — 4.6/5 stars (381 reviews) - [1Password](https://www.g2.com/products/1password/reviews) — 4.6/5 stars (1795 reviews) - [Keeper Password Manager](https://www.g2.com/products/keeper-password-manager/reviews) — 4.6/5 stars (1197 reviews) - [EZLynx](https://www.g2.com/products/ezlynx-ezlynx/reviews) — 4.4/5 stars (699 reviews) - [NordPass Business](https://www.g2.com/products/nordpass-business/reviews) — 4.5/5 stars (642 reviews) ### Alternatives to Mastercard Open Banking (formerly Finicity) - [Lightico](https://www.g2.com/products/lightico/reviews) — 4.8/5 stars (369 reviews) - [Birdeye](https://www.g2.com/products/birdeye/reviews) — 4.7/5 stars (4060 reviews) - [PayPal Payments](https://www.g2.com/products/paypal/reviews) — 4.4/5 stars (2743 reviews) - [Thryv](https://www.g2.com/products/thryv/reviews) — 4.2/5 stars (1995 reviews) - [BILL AP/AR](https://www.g2.com/products/bill-ap-ar/reviews) — 4.4/5 stars (1805 reviews) - [FreshBooks](https://www.g2.com/products/freshbooks/reviews) — 4.5/5 stars (974 reviews) - [Karbon](https://www.g2.com/products/karbon-2025-03-03/reviews) — 4.8/5 stars (825 reviews) - [Amazon Pay for Business](https://www.g2.com/products/amazon-pay-for-business/reviews) — 4.5/5 stars (583 reviews) - [Stripe Payments](https://www.g2.com/products/stripe-stripe-payments/reviews) — 4.2/5 stars (450 reviews) - [Corpay Complete](https://www.g2.com/products/corpay-complete/reviews) — 4.6/5 stars (387 reviews) --- ## Top Discussions ### MX No discussions available for this product. ### Plaid No discussions available for this product. ### Mastercard Open Banking (formerly Finicity) No discussions available for this product. --- **Source:** [G2.com](https://www.g2.com) | [Comparison Page](https://www.g2.com/compare/mx-technologies-mx-vs-plaid-vs-mastercard-open-banking-formerly-finicity)